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2018 2019 Sales 100 110 Cost of Goods Sold 50 60 Net Income 10 14 Equity 50 60 Inventory 15 20 Current Assets 20 15

2018

2019

Sales

100

110

Cost of Goods Sold

50

60

Net Income

10

14

Equity

50

60

Inventory

15

20

Current Assets

20

15

Current Liabilities

22

20

Total Liabilities

40

60

Total Assets

90

120

Calculate Return on Equity and Asset Turnover for 2019

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